Credit Society

The Rajarshi Shahu College employee’s cooperative credit society is established on 14-10-1976 with registration number OSM/LTR/BNK/459-76. Total number of members by 31-03-2017 is 143 and having shares of amount Rs.19,95,019.00/- & the total deposited amount is of Rs. 2,21,71,251.00/-. During year 2016-17 our society stood in ‘A’ Grade by auditor.

The society provides loans up to maximum of Rs. 16,00,000/- with 10% interest and yearly it provides Rs.25,000/- in emergency case. Society also gives scholarship to needy students of the college. The society also reimburses the annual dividend once in a year.